Recent Press Releases & News
CRNX earnings at a glance
The options market is pricing a move of about ±0.5% after the report, a range of roughly $84.55 to $85.35 from today's $84.95. Over its last 2 reports the stock rose the next day 2 times and fell 0, moving ±4.2% on average; after the most recent report on May 7, 2026 it moved +4.3%. That means options currently expect less movement than CRNX has typically delivered. CRNX beat the consensus EPS estimate in 0 of its last 3 reported quarters. Implied volatility is currently 2%. The share price of $84.95 sits near its 52-week high.
Overview
Earnings trends
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Tue Jun 30, 2026 | Jun 2026 | $-1.14 | — | — | — | — | financials |
| Thu May 7, 2026 | Mar/2026 | $-1.23 | $-1.22 | -0.8% | -18.3% | +4.3% | earnings |
| Tue Sep 30, 2025 | Sep 2025 | $-1.38 | — | — | — | — | financials |
| Thu Aug 7, 2025 | Jun/2025 | $-1.23 | $-1.13 | -8.8% | — | — | earnings |
| Thu May 8, 2025 | Mar/2025 | $-1.04 | $-0.99 | -5.0% | — | +4.2% | earnings |
| Mon Sep 30, 2024 | Sep 2024 | $-0.96 | — | — | — | — | financials |
| Sun Jun 30, 2024 | Jun 2024 | $-0.94 | — | — | — | — | financials |
| Sun Mar 31, 2024 | Mar 2024 | $-0.93 | — | — | — | — | financials |
| Sat Sep 30, 2023 | Sep 2023 | $-1.01 | — | — | — | — | financials |
| Fri Jun 30, 2023 | Jun 2023 | $-0.94 | — | — | — | — | financials |
| Fri Mar 31, 2023 | Mar 2023 | $-0.85 | — | — | — | — | financials |
Financials
Income statement (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25M | $11M | — | $143,000 | $1M | $361,000 | — | $0 |
| Cost of revenue | $154,000 | $200,000 | — | — | $0 | $0 | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $-132M | $-140M | — | $-143M | $-129M | $-111M | — | $-88M |
| Net income | $-121M | $-128M | — | $-130M | $-116M | $-97M | — | $-77M |
| EPS (diluted) | $-1.14 | $-1.23 | — | $-1.38 | $-1.23 | $-1.04 | — | $-0.96 |
Balance sheet (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $55M | $114M | $102M | $111M | $54M | $95M | $265M | $317M |
| Inventory | $3M | $3M | $2M | — | — | — | — | — |
| Total current assets | $1.24B | $1.32B | $1.05B | $1.12B | $1.22B | $1.29B | $1.38B | $878M |
| Total assets | $1.32B | $1.40B | $1.13B | $1.20B | $1.29B | $1.36B | $1.43B | $937M |
| Long-term debt | — | — | — | — | — | — | — | — |
| Total liabilities | $130M | $121M | $134M | $124M | $118M | $107M | $110M | $104M |
| Total equity | $1.19B | $1.28B | $992M | $1.07B | $1.17B | $1.25B | $1.32B | $833M |
Implied volatility — last 90 days
Sector peers
CRNX earnings FAQ
What is CRNX's expected move for earnings?
Options currently price a move of about ±0.5%, or $0.40 per share either way from $84.95.
How does CRNX stock usually react to earnings?
Across the last 2 reports the average next-day move was ±4.2%, up 2 times and down 0 times.
What is CRNX's implied volatility?
CRNX's at-the-money implied volatility is about 2% based on the latest options snapshot.